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Theravance Biopharma

TBPH

Theravance Biopharma is a biopharmaceutical company focused on the development and commercialization of respiratory and specialty medicines.

Market cap
$873.82M+57.9%
Revenue$109.8M+68.2%
Net income$114.5M+296%
EPS (diluted)$2.20+286%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 11, 2026 (In 1 week)
Revenue estimate$22.5M
EPS estimate$0.07

Financials

Q1 2026

Income statement

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Revenue$17.7M+15.0%
Operating income-$9.5M+34.3%
Net income-$4.9M+63.7%
EPS (diluted)-$0.10+63.0%

Balance sheet

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Cash & equivalents$288.1M+160%
Total debt$40.5M-15.9%
Total equity$290.6M+75.1%
Total assets$472.3M+37.5%

Cash flow

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Operating cash flow$73.3M+70.3%

Valuation & ratios

Valuation

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Market cap$873.82M+57.9%
Enterprise value$626.23M+97.2%
P/E7.6×-34.8×
P/S+0.8×

Profitability

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Operating margin1.2%+0.6pp
Net margin104.3%+71.4pp

Returns & leverage

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Return on equity50.2%+36.2pp
Debt / equity0.1×-0.2×
Current ratio13.1×+8.4×

Segments

By segment

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Single Reportable$17.7M+15.0%

Competitors

Profile

Theravance Biopharma is a biopharmaceutical company focused on the development and commercialization of respiratory and specialty medicines. The company leverages its organ-selective drug discovery expertise to deliver therapies for chronic obstructive pulmonary disease (COPD) and other conditions. Its primary value proposition is centered on maximizing the commercial potential of its FDA-approved respiratory treatments and optimizing shareholder value through strategic royalty interests.

Competitive position

Theravance Biopharma is a specialized player in the respiratory market, maintaining a significant commercial partnership for its lead nebulized COPD treatment while transitioning toward a leaner, commercial-focused organizational structure.

GeographiesUnited States, China, European Union
Customer segmentsHealthcare providers, Pharmaceutical partners
Business modelProduct sales, Licensing and Royalties, Profit sharing
SuppliersContract manufacturing organizations, API suppliers, Clinical research organizations
CustomersWholesalers, Pharmacies, Hospitals, Healthcare professionals
Listed2014
Employees99.0
CEORick E. Winningham
FilingsSEC EDGAR

Questions, answered.

What is Theravance Biopharma's market cap?
Theravance Biopharma (TBPH) has a market capitalization of $873.8M and trades on NASDAQ.
What is Theravance Biopharma's revenue and profitability?
Theravance Biopharma generated $109.8M in trailing twelve-month revenue with net income of $114.5M, representing a net margin of 104.3%. Gross margin stands at 60.8%. These figures are based on the Q1 2026 filing.
Who are Theravance Biopharma's competitors?
Theravance Biopharma's key competitors include Liquidia Corporation Common Stock, Gyre Therapeutics, Inc. Common Stock, Royalty Pharma plc Class A Ordinary Shares, and others. These companies compete in similar markets and product categories.
Who does Theravance Biopharma partner with?
Theravance Biopharma's notable partners include Viatris Inc., GSK plc, Royalty Pharma Investments, and others.
What subsidiaries does Theravance Biopharma have?
Theravance Biopharma's subsidiaries include Theravance Respiratory Company, LLC.
Where is Theravance Biopharma headquartered?
Theravance Biopharma is headquartered in Cayman Islands and employs approximately 99 people. It has been publicly traded since 2014.